Company Profile
Lendmark Financial Services, LLC
Company Overview
Lendmark Financial Services is a consumer finance company specializing in providing a variety of personal loans, automobile loans, and retail merchant sales finance services.
Since inception in 1996, Lendmark has experienced significant growth by following its original mission of meeting the personal lending needs of clients who cannot be served by traditional banks and their respective products.
Today, with over 160 branches in 13 states throughout the Southeast and Mid-Atlantic, Lendmark continues to expand as the financial services organization of choice for its customers and retail business partners by providing superior, consistent, and reliable services with every transaction.
Company History
Lendmark Financial Services was organized in 1996 as a subsidiary of First Liberty Bank of Macon, GA. In the summer of 2000, First Liberty Bank and its subsidiaries (including Lendmark) were acquired by Branch Banking and Trust Company (BB&T) of Winston-Salem, NC. Most recently, Lendmark was sold by BB&T in the fall of 2013 to a private equity firm in New York, NY.
Notable Products / Brands
Consumer Financial Services
Notable Accomplishments / Recognition
Aligning with its parent company, The Blackstone Group L.P., Lendmark Financial Services, LLC committed to supporting and hiring military veterans and their spouses. On January 1, 2015, the company launched the Veterans Integration Program (VIP). During 2015, Lendmark projects to hire nearly 290 employees across 13 states and will focus on hiring veterans or spouses of military personnel into these positions.
On September 30, 2014, Lendmark Financial Services, LLC acquired the assets of Green Cap Financial, LLC, located in Burlington, North Carolina. Green Cap Financial was a privately held consumer finance company with seven locations in North Carolina. Founded in 1997, the company provided personal and auto loans to more than 3,500 customers.
In 2014, the company opened 32 de novo locations, acquired six locations in North Carolina and hired 287 new employees. While expansion has been a high priority, it is far from the only critical initiative the company undertook in 2014.
Benefits
401(k) Savings Plan with employer match
Medical/Prescription Coverage
Health Savings Account
Flexible Spending Account
Wellness Program
Paid Time Off Programs